Financial Performance - The company's operating revenue for Q1 2025 was ¥432,711,041.67, a decrease of 23.92% compared to ¥568,733,118.66 in the same period last year[4] - Net profit attributable to shareholders was ¥32,848,222.82, representing a slight increase of 2.49% from ¥32,049,158.03 year-on-year[4] - Basic earnings per share decreased by 35.00% to ¥0.26 from ¥0.40, primarily due to an increase in the total number of shares outstanding[6][10] - The diluted earnings per share also decreased by 35.00% to ¥0.26, consistent with the basic earnings per share decline[6][10] - Net profit for Q1 2025 was ¥30,729,673.70, a decline of 5% from ¥32,372,487.93 in Q1 2024[22] Cash Flow - The net cash flow from operating activities improved significantly to ¥126,169,275.38, compared to a negative cash flow of ¥15,722,681.09 in the previous year, indicating strong customer repayments[10] - The total cash inflow from operating activities in Q1 2025 was ¥656,280,912.60, significantly higher than ¥259,321,793.42 in Q1 2024[24] - The net cash flow from financing activities was -95,332,566.62, compared to a positive net cash flow of 55,294,308.13 in the previous period[25] - The cash and cash equivalents at the end of the period amounted to 490,304,238.20, an increase from 481,332,694.09 at the beginning of the period[25] - The company reported a significant increase in cash and cash equivalents net increase of 8,971,544.11 compared to 15,187,364.90 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,942,040,277.62, down 2.62% from ¥3,021,049,866.78 at the end of the previous year[6] - The company's total liabilities decreased to ¥903,810,046.95 in Q1 2025 from ¥1,360,812,094.51 in Q1 2024[19] - The company's total current assets amount to ¥1,934,219,122.09, a decrease from ¥1,980,885,829.28 in the previous period[18] - Short-term borrowings decreased significantly to ¥25,003,743.06 from ¥116,080,070.83, a reduction of approximately 78.5%[18] Shareholder Information - Shareholders' equity attributable to the parent company increased by 22.90% to ¥2,039,781,461.06 from ¥1,659,670,453.55 year-on-year[6] - The total number of common shareholders at the end of the reporting period is 7,583[13] - The largest shareholder, Zhou Jianqing, holds 45,458,200 shares, representing 32.00% of the total shares[13] Operational Efficiency - The company plans to continue focusing on improving cash flow and operational efficiency in the upcoming quarters[10] - The total operating costs for Q1 2025 were ¥394,017,338.08, down 27% from ¥538,841,797.22 in Q1 2024[21] - Research and development expenses for Q1 2025 were ¥17,137,468.14, an increase of 21% compared to ¥14,152,387.99 in Q1 2024[22] - The company reported a decrease in financial expenses to ¥3,413,144.21 in Q1 2025 from ¥5,515,953.94 in Q1 2024[22] Non-Recurring Items - Non-recurring gains and losses for the period totaled -¥46,733.84, indicating a negative impact from various non-operating items[9] Accounting Practices - The company did not apply the new accounting standards starting from 2025, indicating a continuation of current accounting practices[25]

Financial Data and Indicators - The basic earnings per share (EPS) for Q1 2025 is 0.2600 yuan, a decrease of 35% compared to Q1 2024, which was 0.4000 yuan [1] - The net asset per share is 0 yuan for Q1 2025, a 100% decrease from 14.68 yuan in Q1 2024 [1] - The retained earnings per share is 4.25 yuan, down 32.75% from 6.32 yuan in Q1 2024 [1] - The operating revenue for Q1 2025 is 4.33 billion yuan, a decline of 23.9% from 5.69 billion yuan in Q1 2024 [1] - The net profit for Q1 2025 is 0.33 billion yuan, a slight increase of 3.13% from 0.32 billion yuan in Q1 2024 [1] - The return on equity (ROE) is 1.70% for Q1 2025, down 35.36% from 2.63% in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 77.1065 million shares, accounting for 59.1% of the circulating shares, with a change of 3.2975 million shares from the previous period [1] - The largest shareholder, Zhou Jianqing, holds 45.4582 million shares, representing 34.84% of the total share capital, with no change [2] - The second-largest shareholder, Zhang Sicheng, holds 11.2110 million shares, accounting for 8.59% of the total share capital, also with no change [2] - The fund "Fuguo Tianhui Growth Mixed (LOF)" increased its holdings by 2.5847 million shares, now holding 3.8074 million shares, which is 2.92% of the total [2] - New entrants to the top ten shareholders include a securities investment fund holding 2.0619 million shares (1.58%) and Han Yong with 1.1569 million shares (0.89%) [2] Dividend Distribution - The company has decided not to distribute or transfer any dividends this time [3]

Core Viewpoint - The company will hold an investor briefing on May 8, 2025, to discuss its 2024 annual report and the first quarter of 2025, allowing investors to engage in Q&A sessions regarding financial performance and operational results [2][3][4]. Group 1: Meeting Details - The investor briefing is scheduled for May 8, 2025, from 11:00 AM to 12:00 PM [2][4]. - The meeting will take place at the Shanghai Stock Exchange Roadshow Center, accessible online [2][4]. - Investors can submit questions from April 28, 2025, to May 7, 2025, before 4:00 PM through the Roadshow Center website or via the company's email [2][4][5]. Group 2: Participants - The meeting will feature key personnel including Chairman Mr. Zhou Jianqing, Secretary of the Board and CFO Ms. Qin Yanfang, and Independent Director Ms. Han Weifang [4]. Group 3: Post-Meeting Access - After the investor briefing, participants can view the meeting's proceedings and key content on the Shanghai Stock Exchange Roadshow Center [5].

证券代码：605128 证券简称：上海沿浦 公告编号： 2025-050 上海沿浦金属制品股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩说明会的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 04 月 28 日 （星期一） 至 05 月 07 日 （星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ypgf@shyanpu.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 上海沿浦金属制品股份有限公司（以下简称"公司"）已于 2025 年 3 月 29 日发布公司 2024 年度报告，公司将于 2025 年 4 月 29 日发布公司 2025 年第一季 度报告，为便于广大投资者更全面深入地了解公司 2024 年度及 2025 年第一季度 的经营成果、财务状况，公司计划于 2025 年 05 月 08 日 （星 ...

证券代码：605128 证券简称：上海沿浦 公告编号：2025-049 二〇二五年四月二十四日 1 上海沿浦金属制品股份有限公司（以下简称"公司"）于 2024 年 12 月 18 日召开的第五 届董事会第十四次会议、第五届监事会第十一次会议，审议通过了《关于使用部分闲置募集 资金暂时补充流动资金的议案》，同意公司及子公司在不影响本次募投项目的募集资金使用的 情况下，将其中部分暂时闲置的向特定对象发行股票的募集资金不超过 3.5 亿元暂时补充流 动资金，使用期限自董事会审议通过之日起不超过 12 个月。具体内容详见公司于 2024 年 12 月 19 日在上海证券交易所网站（www.sse.com.cn）及指定媒体披露的《上海沿浦金属制 品股份有限公司关于使用部分闲置募集资金暂时补充流动资金的公告》（公告编号 2024-090）。 自公司第五届董事会第十四次会议审议批准之日（2024 年 12 月 18 日）开始，截至本公 告披露日，公司累计使用向特定对象发行股票的闲置募集资金暂时补充流动资金的总额是人 民币 18,000.00 万元。 2025 年 4 月 24 日，公司已经将用于暂时补充流动资金的人民币 ...

证券代码：605128 证券简称：上海沿浦 公告编号：2025-048 上海沿浦金属制品股份有限公司 2024 年年度股东大会决议公告 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 88 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 66,237,912 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 47.0211 | 注：有表决权股份总数指公司总股本（142,113,178 股）剔除截至股权登记日公司回购专用 证券账户中的 1,244,752 股后的股份总数 140,868,426 股。 (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 (一) 股东大会召开的时间：2025 年 4 月 18 日 (二) 股东大会召开的地点：上海市闵行区浦江镇江凯路 128 号上海沿浦金属 制品股份有限公司行政大楼四楼会议室（八） (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 本次股东大会由公司董事会召集，会议由公司董事 ...

上海市广发律师事务所 关于上海沿浦金属制品股份有限公司 2024 年年度股东大会的法律意见书 致：上海沿浦金属制品股份有限公司 上海沿浦金属制品股份有限公司（以下简称"公司"）2024 年年度股东大 会于 2025 年 4 月 18 日在上海市闵行区浦江镇江凯路 128 号公司行政大楼四楼会 议室（八）召开。上海市广发律师事务所（以下简称"本所"）经公司聘请，委 派王晶律师、陈紫茵律师出席现场会议，根据《中华人民共和国公司法》（以下 简称"《公司法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"） 等法律法规、其他规范性文件以及《上海沿浦金属制品股份有限公司章程》（以 下简称"《公司章程》"）的规定，就本次股东大会的召集和召开程序、召集人 及出席会议人员的资格、会议议案、表决方式和表决程序、表决结果和会议决议 等出具本法律意见书。 为出具本法律意见书，本所律师对本次股东大会所涉及的有关事项进行了审 查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 公司已向本所保证和承诺，公司向本所律师所提供的文件和所作的陈述和说 明是完整的、真实的和有效的，有关原件及其上面的签字和印章是真实的，且一 切 ...

China Chengxin International Credit Rating Co.,Ltd. [2025]132 中诚信国际关于终止上海沿浦金属制品股份有限公司 主体和相关债项信用评级的公告 中诚信国际信用评级有限责任公司 二〇二五年四月十一日 上海沿浦金属制品股份有限公司（以下简称"上海沿浦"或"公司"）于 2022 年 11 月发行了"2022 年上海沿浦金属制品股份有限公司公开发行可转换公司债 券"（债券简称"沿浦转债"），由中诚信国际信用评级有限责任公司（以下简 称"中诚信国际"）进行相关信用评级工作。2024 年 5 月 23 日，中诚信国际维 持上海沿浦的主体信用等级为 A +，评级展望为稳定；维持"沿浦转债"的债项 信用等级为 A +。 2025 年 4 月 3 日，公司发布《上海沿浦金属制品股份有限公司关于"沿浦 转债"赎回结果暨股份变动的公告》称，公司行使"沿浦转债"的提前赎回权， 赎回兑付总金额为 455,264.04 元（含当期利息），赎回款发放日为 2025 年 4 月 3 日。截至本公告出具之日，"沿浦转债"已赎回完毕并完成摘牌，上海沿浦已 无使用中诚信国际主体信用等级的存 ...

Group 1 - The core viewpoint of the news is that Shanghai Yanpu is expected to achieve significant revenue and profit growth in 2024, driven by new project production and cost control measures [1] - Shanghai Yanpu's projected revenue for 2024 is 2.276 billion yuan, representing a year-on-year increase of 49.9%, primarily due to the notable sales growth of automotive seat frame assembly products [1] - The company's net profit is anticipated to reach 137 million yuan in 2024, reflecting a year-on-year growth of 50.31%, supported by stable raw material prices and effective cost management [1] Group 2 - Shanghai Yanpu has initiated a refinancing plan in 2024, receiving approval from the Shanghai Stock Exchange in April and the China Securities Regulatory Commission in May, ultimately raising 381 million yuan through successful issuance and listing in December [1] - These developments are expected to enhance the company's operational stability and risk resilience in the future [1]

Summary of Shanghai Yanpu Conference Call Company Overview - **Company**: Shanghai Yanpu - **Industry**: Automotive seating and related sectors Key Points and Arguments - **Impact of US-China Trade War**: Shanghai Yanpu is benefiting from the US-China trade war as its business is primarily focused on the domestic market, with over 90% of its operations unaffected by US tariff policies [4][5][6] - **Market Position**: The company operates in a low domestic production rate environment for automotive seating, where foreign companies dominate. This presents an opportunity for domestic brands like Shanghai Yanpu to accelerate market share gains amid decoupling trends [5][6] - **Business Expansion**: Shanghai Yanpu is not only focused on automotive seating but is also expanding into high-speed rail projects, with significant breakthroughs expected in joint ventures or strategic partnerships by 2025 [5][6] - **Strong Q1 Performance**: The company reported strong Q1 results, benefiting from increased sales from clients such as BYD, Xiaopeng, and Leap Motor, despite some declines in specific models [5][7] - **Revenue Growth Potential**: The company is making significant progress in passenger vehicle manufacturing, with expectations for revenue to grow from 2 billion to 10 billion [5][7] - **Valuation and Profit Forecast**: With the entry into complete vehicle manufacturing, the valuation is expected to improve, with projected profits exceeding 300 million by 2026, corresponding to a price-to-earnings ratio of over 30, indicating potential for market capitalization to double [5][8] - **Emerging Business Ventures**: Shanghai Yanpu is also exploring opportunities in humanoid robotics and low-altitude economy sectors, which are expected to further enhance its growth profile [5][8] Additional Important Insights - **Client Performance**: BYD's sales increased by 60% to 1 million units, Xiaopeng's Model 3 sold 60,000 units in Q1, and Leap Motor's sales exceeded 90,000 units, showcasing a robust automotive market despite some model-specific declines [7] - **Strategic Collaborations**: The company is establishing a strong R&D framework and forming deep collaborations with several well-known automotive manufacturers, indicating a solid foundation for future growth [7]